News From Justin Bieber selling his catalog, to Spotify cutting 500+ jobs… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
News Spotify wipes vacancies from global jobs board as hiring freeze hits after 500+ layoffs Music streaming company is reducing its global workforce by 6%
Analysis News Over-spending and under-pricing: Spotify’s commercial missteps have come back to haunt it. A close look at some of the factors that led Daniel Ek to slash 500 jobs from his worldwide headcount this week
News Spotify to slash over 500 jobs worldwide, as Dawn Ostroff exits streaming platform Alex Norström, currently Chief Freemium Business Officer, and Gustav Söderström, currently Chief Research & Development Officer, upped to co-Presidents
News Amazon Music raises standard monthly subscription price from $9.99 to $10.99. (Spotify, so far, still refuses to do the same.) Amazon had over 80 million paying music subscribers last year, according to Midia Research
Analysis News Streaming fraud accounts for at least 1-3% of plays on services like Spotify and Deezer in France, shows investigation Landmark study into France's music industry focuses on illegitimate streaming practices
News Spotify just added 10,000 new Arabic songs to its platform via a licensing deal with Rotana Music Rotana is claimed to be the largest record label in the Middle East
Analysis News These worrying stats send a clear message: The music biz needs a Spotify price rise… now. The latest episode of MBW's Talking Trends dives into important new data out of the UK
News From the 5 stats that will define the music business in 2023 to UMG being sued over its Spotify equity ownership… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
Analysis News Universal Music Group sued over its Spotify equity ownership by artist in class action lawsuit Black Sheep says it should have received equity from UMG's holding in Daniel Ek's company
News The Weeknd’s ‘Blinding Lights’ overtakes Ed Sheeran’s ‘Shape of You’ to become Spotify’s most-streamed track of all time There's a new No. 1 in Spotify's all-time-most-streamed rankings
Analysis News Universal Music Group finished 2022 worth nearly three times as much as Spotify Warner Music Group is worth more than SPOT, too, following a troubling year for the streamer's investors
Analysis News From Bad Bunny’s 18.5bn Spotify streams to Universal acquiring a 49% stake in [PIAS]… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
Analysis News In 2021, Bad Bunny was the world’s biggest artist on Spotify with 9bn streams. This year, he doubled that tally. Bad Bunny received more than 18.5 billion streams this year
News With more than 18.5bn streams in 2022, Bad Bunny is Spotify’s most-streamed artist globally for third straight year Streaming giant unveils its Spotify Wrapped feature and stats for 2022